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Lenders pre-emptively cutting rates before RBA meeting
Published 11 months ago
Description
Lenders have begun cutting interest rates in the lead-up to the August monetary policy meeting, with many now sitting under 5 per cent.
This increased competition was discussed in this episode of Broker Daily Uncut. Borrowers are finally seeing some relief after years of stubbornly high interest rates.
Also discussed was the launch of some exciting events – the Broker Innovation Summit Melbourne and the Commercial Finance Awards.